Comparing a previous Bitcoin pattern back from 2011 to today's Total Cap.
註釋
Chart highlighting times where price decreased but longs increased (# of longs is the blue line). These times were followed by times of flat price movement for a period of time. Believe we maybe coming to another period of flat price movement. If it follows the chart above it would be considered an accumulation phase. 註釋
Throwing in the Volume indicator... 註釋
Throwing in a percentage drop indicator too (not exact, just eyeballing it real quick) 註釋
possible break to the upside soon? 註釋
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